| 600000 Stock | | | 9.46 0.02 0.21% |
Shanghai Pudong financial indicator trend analysis is much more than just breaking down Shanghai Pudong Deve prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Pudong Deve is a good investment. Please check the relationship between Shanghai Pudong Operating Income and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Pudong Development. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Operating Income vs Minority Interest
Operating Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Pudong Deve Operating Income account and
Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shanghai Pudong's Operating Income and Minority Interest is -0.21. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Shanghai Pudong Development, assuming nothing else is changed. The correlation between historical values of Shanghai Pudong's Operating Income and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Shanghai Pudong Development are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Operating Income i.e., Shanghai Pudong's Operating Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.21 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Shanghai Pudong Deve operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Shanghai Pudong Development is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Shanghai Pudong Development whose combined shares represent less than 50% of the total outstanding shares issued by Shanghai Pudong have a minority interest in Shanghai Pudong.
Most indicators from Shanghai Pudong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Pudong Deve current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Pudong Development. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of November 30, 2024,
Selling General Administrative is expected to decline to about 15
B. In addition to that,
Tax Provision is expected to decline to about 3.1
B | 2023 | 2024 (projected) |
Operating Income | 74.6B | 59.1B | Total Revenue | 173.1B | 119.4B |
Shanghai Pudong fundamental ratios Correlations
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Shanghai Pudong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Pudong fundamental ratios Accounts
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Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Shanghai Pudong Deve at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Pudong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Pudong and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Shanghai currently owns. An asset can also be divided into two categories, current and non-current.